News
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Glencore in talks to sell stake in Kamoto Copper Co, Bloomberg News reports
Sept 19 (Reuters) - Miner and trader Glencore GLEN.L has been in talks about selling a controlling stake in a unit that operates a major copper and cobalt project in the Democratic Republic of Congo, Bloomberg News reported on Friday.The news comes a month after Glencore, the world's second-larg...Reuters
9 minutes ago
Newmont sells entire Orla stake for about $439 million in divestiture push
Sept 19 (Reuters) - Gold miner Newmont NEM.N said on Friday it sold its stake in Orla Mining OLA.TO for $439 million through the Toronto Stock Exchange as part of its divestiture program.The company disposed of the entire 43 million shares it held in Orla Mining at $10.14 per share.Last year, Newmo...Reuters
12 minutes ago
CBOT Trends-Wheat steady-down 1 cent, corn up 1-2, soybeans up 2-4
CHICAGO, Sept 19 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Friday. WHEAT - Steady to down 1 cent per bushelCBOT wheat futures pared losses after a two-day decline.Showers n...Reuters
26 minutes ago
US natgas prices dip 2% to 3-week low on ample storage, milder forecasts
Milder weather forecasts reduce expected gas demandLSEG reports slight drop in U.S. gas outputBerkshire Hathaway's Cove Point LNG plant to undergo maintenanceTropical Storm on track to become hurricane, unlikely to hit USBy Scott DiSavino Sept 18 (Reuters) - U.S. natural gas futures slid abou...Reuters
29 minutes ago
Under pressure from Trump, EU plans to bring forward Russian LNG imports ban
BRUSSELS, Sept 19 (Reuters) - The European Union plans to ban Russian LNG imports into the bloc a year earlier than envisaged as part of a 19th package of sanctions against Moscow, EU officials said on Friday, a change that follows pressure from U.S. President Donald Trump.Reuters
34 minutes ago
Nexus Announces $220 Million Of New Funding And Energy Offtaker For Project Goody
Sept 19 (Reuters) - Nexus Renewable Power LLC:NEXUS ANNOUNCES $220 MILLION OF NEW FUNDING AND ENERGY OFFTAKER FOR PROJECT GOODYNEXUS RENEWABLE POWER: GOLDMAN SACHS & META JOIN PARTNERSHIP FOR DUAL 172 MW SOLAR PROJECT/237 MW STORAGE PROJECT IN LAMAR COUNTY, TEXASNEXUS RENEWABLE POWER: PROJECT GO...Reuters
34 minutes ago
Angola to decide on $1 bln JPMorgan deal by November, finance official says
JPMorgan $1 billion total return swap expires by year-endCountry hopes to move to monthly publication of debt statisticsOfficals press for conservative oil price estimate for 2026 budget By Karin Strohecker and Libby George LONDON, Sept 19 (Reuters) - Angola will decide by November whether to rol...Reuters
51 minutes ago
Iraq nears deal to restart pipeline oil exports from Kurdistan to Turkey, sources say
Iraq gives preliminary nod to resume pipeline exports, sources sayDeal could add 230,000 barrels per day of fresh oil suppliesKirkuk-Ceyhan pipeline has been shut since March 2023 By Nerijus Adomaitis and Ahmed Rasheed BAGHDAD, Sept 19 (Reuters) - Iraq, OPEC's second-largest producer, has giv...Reuters
an hour ago
Gold steadies on Fed outlook, US Dollar strength caps gains
Gold (XAU/USD) steadies on Friday, snapping a two-day losing streak after a volatile midweek reaction to the Federal Reserve’s (Fed) interest rate decision. At the time of writing, XAU/USD is trading around $3,650 at the start of the American session.
Fxstreet
an hour ago
PRECIOUS-Gold heads for fifth weekly gain with focus on US policy path after Fed action
Gold well positioned for a significant gain, analyst saysGold hit record high of $3,707.40/oz on WednesdayIndia premiums hit 10-month highBy Anmol Choubey Sept 19 (Reuters) - Gold prices edged higher on Friday, set for a fifth straight weekly gain, buoyed by the Federal Reserve's first rate c...Reuters
2 hours ago
Angola to decide on $1 bln JPMorgan deal by November, says finance official
By Karin Strohecker and Libby GeorgeLONDON, Sept 19 (Reuters) - Angola will decide by November whether to roll over its $1 billion total return swap from JPMorgan, or potentially raise the money on international capital markets, a senior debt official told Reuters. JPMorgan and Angola agreed in Dece...Reuters
2 hours ago
GRAINS-Chicago corn and soybeans steady after fall with Trump-Xi call in focus
PARIS/BEIJING, Sept 19 (Reuters) - Chicago soybean and corn futures edged up on Friday, steadying after a two-day drop as traders awaited a call between U.S. President Donald Trump and Chinese counterpart Xi Jinping to gauge progress towards resolving a trade standoff.Wheat was almost unchanged as i...Reuters
2 hours ago
SOFTS-Arabica coffee prices extend fall while raw sugar rises
LONDON, Sept 19 (Reuters) - Arabica coffee futures on ICE fell on Friday and were set for a steep weekly loss, with forecasts for rain in parts of Brazil's coffee belt improving the outlook for the key flowering period in the world's top producer.COFFEE* Arabica coffee KCc2 fell 1.8% to $3.5...Reuters
2 hours ago
Gold price weaker after Fed meeting – Commerzbank
The Gold price came under pressure with some delay after the Fed meeting. A brief rise to a new record high of more than $3,700 per troy ounce was followed by a decline of around $70 by Thursday morning, Commerzbank's commodity analyst Carsten Fritsch notes.Fxstreet
2 hours ago
Oil: Warning of cuts in Russian Oil production – Commerzbank
The Russian pipeline monopoly has warned that Russian Oil production might have to be reduced due to Ukrainian drone attacks. This was reported by three industry sources. In addition to several refineries, Russia's largest Oil port on the Baltic Sea had recently been targeted in an attack.
Fxstreet
2 hours ago
Serbia's NIS oil company seeks seventh waiver of US sanctions
Sept 19 (Reuters) - Serbia's Russian-owned oil company NIS NISS.BEL has requested a seventh waiver to postpone U.S. sanctions that would put at risk its crude oil supply and is seeking its removal from Washington's sanctions list, the company said on Friday.The previous waiver, granted last ...Reuters
2 hours ago
Gold Price Forecast: XAU/USD finds support at $3,630 as US Dollar recovery stalls
Gold found buyers at the $3,630 level to bounce up on Friday following a two-day reversal from all-time highs at $3,700 on Wednesday. The precious metal attracted some bids with the US Dollar recovery losing steam, and returned to levels past $3,650.Fxstreet
3 hours ago
